Saturday, December 08, 2012

During my career, I participated in solving several business crises. It was an all hands on deck situation. I was working 70 - 80 hours a week, including weekends and adjusted my personal schedule. I've worked on holidays and cancelled vacations when the business was in crisis.

Compare that to government. The fiscal cliff and sequestration is a major crisis. Yet, Congress still took off for the Thanksgiving holiday. If the fiscal cliff and sequestration is still a crisis at the end of December, I would want Congress to cancel recess and vacations to work on solving the issue.

However, I suspect they won't. Congress and the President will likely take their normally scheduled recess and vacations, as if there were no crisis at all.

For more on Reflections and Musings, check back every Saturday for a new segment.

This is not financial or policy advice. Please consult a professional advisor.

2 comments:

The difference is that the fiscal cliff solution isn't about hard work, but rather about political will. No matter how much time these folks have to work on a solution, if one comes it'll be at the last minute--or probably a few days or weeks after the last minute.

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Disclaimer:
This is a personal blog about my thoughts, experiences and ideas on building wealth. The contents of this blog are for informational purposes only. No content should be construed as financial advice. Commenters, advertisers and linked sites are entirely responsible for their own content and do not represent the views of My Wealth Builder. All financial decisions involve risks and results are not guaranteed. Always do your own research, due diligence and consult your own professional advisor before making any decision. My Wealth Builder assumes no liability with regard to financial results
based on use of information from this blog.

If this blog contains any errors, misrepresentations, or omissions, please contact me or leave a comment to have the content corrected.